How they describe themselves: Post-sale software solutions for the life insurance market. Insurance carriers and distributors have historically overlooked the post-sale proactive customer service, up-sell, and cross-sell opportunities. Compliance requirements also mandate ongoing reviews of inforce policies. There are over 1.5M agents globally who deal with life insurance and are part of InforcePRO’s target market.
How they describe their product/innovation: The real-time policy review tool allows life insurance distributors to run policy reviews instantly. InforcePRO has legacy rate tables, contractual knowledge on legacy products, new quotes capability, and extensive analysis algorithms to identify sales and service opportunities on ANY policy sold in the last 30 years.
Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms
Bus. Dev. & Press: Karan Kanodia, Co-Founder
Sales: Cameron Jacox, Co-Founder